SHANGHAI, Jun 5 (SMM) – The 10th round of coke price cuts slightly boosted the demand for lumps. The continued decline in port inventory of lumps also buoyed its premiums. Coke prices may still have room to fall this week even as they are already at a three-year low, which will support the demand for lumps in the off-season and slightly boost its premiums.
More popular news
ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Key Negative Developments In China
Fitch: Global Trade Is Slowing Sharply And May Grow Only 1.9% This Year
BHP Plans To Expand Iron Ore Production Aggressively
South China Battles Power Crisis, The Worst This Year
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn